Solved
I spent over 10k on my tuition but my lifetime learning credit is only 1288, not 2k. what is going wrong?
No text available
If you are using the online version print all forms and worksheets.
Using "Tax tools" "Print Center".
@mari163029 said "I only made 30k last year. I still owe around $4K in taxes".
It sounds like your income was self employment (probably on a 1099-NEC). The LLC can only be used to offset income tax, not self employment tax.
The original answer is probably correct: you only had a calculated INCOME tax of $1288 (line 18 of form 1040). The LLC is non-refundable and can only be used to reduce your income tax liability.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
